Search giant reported second straight quarter of more than $100bn in revenue

Billionaire trader’s firm had been in discussions with former UK minister after he was fired as ambassador to the US

Effort marks rare instance of Trump administration aiming to collaborate with global allies on trade

Aides to Andrew Mountbatten-Windsor worked with convicted sex offender on planned agreement with US investment bank

Reform UK leader claims former trade commissioner may have misused his position for personal gain

Government consulting on softening the impact of new laws on employers

Rio wants to hold both CEO and chair roles in combined company while Glencore holds out for premium

From security services to those able to reinvent themselves, many may survive the AI armageddon

Banking committee chair Tim Scott pushes back against probe into US central bank chief

Florida’s Republican governor criticises attempts by administration to ‘kneecap states and let Big Tech write the rules’

New AI-powered tools reduce time and cost of software development, threatening industries from law to advertising

Multiple MPs in Labour Party question Morgan McSweeney’s judgment as revelations shake Westminster

Private banker quietly became sex offender’s money manager in his final years

A figure resembling Italy’s prime minister on a Rome church wall blurred the lines between religion and politics

Efficiencies chief had previously told FT no services were cut in apparent contradiction of party’s claim of vast waste

Well-timed short bets make group led by Bian Ximing a big winner after recent precious metals sell-off

Tory criticism of Sir Keir Starmer’s foreign policy shows the party is unserious

ECB expected to hold interest rates at meeting on Thursday

Declines follow steep falls for software shares in previous session over worries about new AI tool

PM agrees to parliamentary oversight of release of documents about peer’s appointment as ambassador to US

The state department has pushed for close scrutiny before approving export licences

The presumptive next chair might be better than others on the list, but he is a confusing, perhaps confused, figure

CEO Paolo Ardoino downplays the scale of $185bn stablecoin group’s capital raise

Unencrypted European communications are being targeted by Moscow